Acharya Prashant defines a humble mind as one that is free of stories about itself. He clarifies that the content of these stories is irrelevant; whether one believes they are the 'king of the world' or the 'most wretched person on this earth,' a story remains just a story. True humility, therefore, is to not live in stories about oneself. The speaker addresses a common misconception about humility, stating it is not about adopting a poor or humble narrative, such as seeing oneself as a 'little one' or a 'speck of dust.' The problem is not the size of the character in the story but the existence of the story itself, which is the source of pain. When people attempt to be humble, they often just reduce the size of the character, but the story itself remains. Humility is not about having a small story but about having no story at all. Humility is described as a certain cleanliness or an absence of ideas and stories about oneself. It is the state of living in the fact of one's life, irrespective of how that fact appears to an opinionated mind. The speaker equates humility with honesty and understanding, suggesting they are different words for the same state. If one is not humble, it directly implies a lack of self-knowledge. The reaction to this ignorance is imagination, which weaves stories to fill the void of not knowing. One cannot be humble as long as one puts trust in these personal myths and stories.